openPR Logo
Press release

3 Key Insights on the US$ 20 Bn Opportunity in Global Fiber Glass Market: Ken Research

11-24-2022 05:22 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt .Ltd

3 Key Insights on the US$ 20 Bn Opportunity in Global Fiber Glass

Driven by the Increasing Usage of Fiber Glass in the Construction and Automotive, the Global Fiber Glass Market is forecasted to Cross US$ 20 Bn By 2028 says Ken Research Study.

Fiberglass is a form of fiber-reinforced plastic whereas glass fiber is reinforced plastic. Fiberglass is lightweight, strong, and less brittle. The best part of fiberglass is its ability to get molded into various complex shapes. Fiberglass is lightweight, strong, and less brittle. The best part of fiberglass is its ability to get molded into various complex shapes.

 "Ken Research shares 3 key insights on this high-opportunity market from its latest research study" 

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/business-research/global-fiber-glass-market-outlook-2028/

1. Increased Use of Fiberglass Composites in the Automotive and Construction Industries Provides an Opportunity for the Market Growth

According to Ken Research Analysis, the Global Fiber Glass Market was valued at ~US$ 12 billion in 2017. It is estimated to be ~US$ 15 billion in 2022 and is forecasted to reach a market size of ~US$ 20 billion by 2028, growing at a CAGR of ~5% from 2022 to 2028.

In the automotive industry, a higher strength-to-weight ratio is considered as an important factor for the manufacturing of automobiles. During manufacturing, materials that offer high strength and possess low weight help in delivering high mileage along with the enhanced fuel efficiency of vehicles. Premium car manufacturers demand high-strength material for which fiberglass is an apt choice. Hence, the automotive application consumes the majority of fiberglass in the world.

Request For Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTYy

In the construction industry, fiberglass is used in mesh fabrics that prevent cracks in interior walls, in floor covering, wall covering, self-adhesive drywall tapes, waterproofing frit, and others. There has been a significant rise in modern architecture in recent years, leading to the development of modern materials, which complement the art without compromising on the stability and strength of the structures formed.

2. Increasing Number of Wind Energy Capacity Installations is Fuelling the Market Worldwide

Fiberglass composites get widely used in the wind energy industry as they offer good strength and are lighter in weight. Most countries including China, Germany, Spain, and others are making efforts to restructure their energy systems in favor of renewable sources. According to the Global Wind Energy Council (GWEC), by the year 2035, the renewables industry is expected to generate more than 25% of the world's electricity, out of which one-fourth is expected to be driven from the wind.

Wind energy is a viable option for the generation of electricity, as it is a cost-effective option while adding new generation capacity to the grid. The growing interest in renewable energy sources has led to more wind turbine installations worldwide, raising the need for fiberglass in wind turbine blade production.

The graph below represents the total worldwide wind energy capacity installations growth:

3. Emission of Harmful Chemicals into the Environment through the Production Process of Fiberglass is the Major Challenge Faced by the Market

Glass fiber processing consumes high amounts of energy and resources. For each kilogram of molten glass, the chemicals such as nitrogen dioxide, sulphur dioxide, chlorine, fluoride, and Volatile Organic Compounds, along with one-kilogram carbon dioxide are released into the environment. Fiberglass processing and production require a high volume of energy and resources which generally have an adverse impact on the environment. In the wake of climate emergency, governments across the world are implementing strict laws and mandates to curb emissions of harmful toxins from industries. These mandates are expected to hamper the production and consumption of fiberglass.

Request For Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTYy

Key Topics Covered in the Report

Snapshot of Global Fiber Glass Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Fiber Glass Market
Historic Growth of Overall Global Fiber Glass Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of Global Fiber Glass Industry
Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
Covid-19 Impact on the Overall Global Fiber Glass Market
Future Market Forecast and Growth Rates of the Total Global Fiber Glass Market and Segments
Analysis of Global Fiber Glass Market
Major Production/Supply and Consumption/Demand Hubs within Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

Asahi Fiber Glass Co., Ltd.
3B - the fibreglass company
China Jushi Co., Ltd.
Johns Manville
Knauf Insulation
Nippon Electric Glass Co.,Ltd.
Owens Corning
Saint-Gobain
xingtai jinniu fb glass
Taiwan Glass Industry Corporation

Notable Emerging Companies Mentioned in the Report

Fureho AB
Spintex Engineering Ltd.
Darshan Safety Zone
Fibtex Products
Smartshield Insulation

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report

Fiber Glass Manufacturers
Fiber Glass Suppliers
E-Glass Manufacturers
ECR-Glass Manufacturers
H-Glass Manufacturers
AR-Glass Manufacturers
S-Glass Manufacturers
Fiber Glass Distributors
Emerging and Startup Companies in Fiber Glass
Government Departments of Polymers
Ministries and Departments of Plastics
Importers and Distributors of Fiber Glass

Period Captured in the Report

Historical Period: 2017-2021
Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/business-research/global-fiber-glass-market-outlook-2028/

Follow Us -

https://www.linkedin.com/company/2775089/admin/

https://www.instagram.com/kenresearch/

https://www.facebook.com/kenresearch

https://twitter.com/KenResearch

https://www.youtube.com/c/KenResearchKen

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 3 Key Insights on the US$ 20 Bn Opportunity in Global Fiber Glass Market: Ken Research here

News-ID: 2819143 • Views:

More Releases from Ken Research Pvt .Ltd

Ken Research Stated UAE Lubricants Market to Reached USD 1 Billion
Ken Research Stated UAE Lubricants Market to Reached USD 1 Billion
Comprehensive market analysis maps demand pockets, re-export corridors, and strategic imperatives across automotive, industrial, and marine end-use in the UAE's lubricant ecosystem. Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "UAE Lubricants Market Outlook to 2030," revealing that the current market size is valued at USD 1 billion, based on a five-year historical analysis. The comprehensive analysis details how the market is expected to
India Apparel Market Crosses USD 68 Billion Milestone - Latest Insights by Ken Research
India Apparel Market Crosses USD 68 Billion Milestone - Latest Insights by Ken R …
Comprehensive market analysis maps consumer evolution, retail transformation, and policy-led competitiveness shaping India's apparel ecosystem. Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "India Apparel Market Outlook to 2030," revealing that the current market size is valued at USD 68 billion, based on a five-year historical analysis. The detailed analysis outlines how the market is poised to expand, driven by rising disposable incomes, rapid
Philippines E-commerce Logistics Market - Ken Research Stated the Sector is Valued at USD 1700 million with Strong Growth Potential
Philippines E-commerce Logistics Market - Ken Research Stated the Sector is Valu …
Comprehensive market analysis maps exponential growth trajectory, investment opportunities, and strategic imperatives for industry leaders in the Philippines' rapidly evolving e-commerce logistics ecosystem. Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "Philippines E-commerce Logistics Market Outlook to 2028," revealing that the current market size is valued at over USD 1700 million, based on a five-year historical analysis. The comprehensive analysis details how the market
Budaun & Pilibhit Oncology Market - Ken Research Stated the Sector is Recorded at 8,870 Cases with Strong Growth Potential
Budaun & Pilibhit Oncology Market - Ken Research Stated the Sector is Recorded a …
Comprehensive analysis charts rising incidence, capacity build-out, and investment pathways across two high-potential Uttar Pradesh districts. Delhi, India - October 3, 2025 - Ken Research released its strategic market analysis titled "Budaun & Pilibhit Oncology Market Outlook to 2029," revealing that the current market size is recorded at 8,870 cases, based on a five-year historical analysis. The comprehensive analysis details how the market is expected to expand, driven by rising cancer

All 5 Releases


More Releases for Glass

Depression Glass Market 2023- Industry Revenue and Price | Hazel-Atlas Glass Com …
The Depression Glass market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with development
Auto Glass Market Is Booming Worldwide | Fuyao Glass, Webasto, Xinyi Glass, Asah …
Advance Market Analytics published a new research publication on "Auto Glass Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Auto Glass market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled
Glass Easy-clean Glass Market 2019| Pilkington Glass, PPG Industries, Ravensby W …
The global market status for Easy-clean Glass is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Easy-clean Glass Market” Research Report 2019, which tends to deliver in-depth knowledge associated to the Easy-clean Glass market for the present and forecasted period until 2025. Furthermore, the report examines the target market based on market size, revenue and
Global Ground Glass Market 2017- CSG, XINYI Glass, JINJING Glass, SYP Glass, Yao …
The market research report by QY Research provides detailed study on the overall Ground Glass market size, its financial positions, its unique selling points, key products, and key developments. This research report has segmented the Ground Glass market based on the segments covering all the domains in terms of type, country, region, forecasting revenues, and market share, along with analysis of latest trends in every sub-segment. CLICK HERE to Request Sample
Global Ground Glass Sales Market 2017 - XINYI Glass, JINJING Glass, SYP Glass, Y …
The study Global Ground Glass Sales Industry 2017 is a detailed report scrutinizing statistical data related to the Global Ground Glass Sales industry. Historical data available in the report elaborates on the development of the Ground Glass Sales market on a Global and national level. The report compares this data with the current state of the market and thus elaborates upon the trends that have brought the market shifts. Download Sample
Energy Saving Glass Market 2017 - Saint Gobain, AGC Glass, Guardian Glass, Sisec …
A market study based on the ""Energy Saving Glass Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Energy Saving Glass Market 2017’. The research report analyzes the historical as well as present performance of the global Energy Saving Glass market, and makes predictions on the future status of Energy Saving Glass market on the basis of this analysis. Get Free Sample Copy of Report